We’re sure you’ll agree with our Los Feliz Real Estate Agents that when it’s time for you to embark on the path to homeownership, the best advice our Los Feliz Realtors can offer you is to learn about the process so you know what to expect along the way from an experienced and exceptional local Los Feliz Real Estate Agent.
1. Know Your Credit
Our Los Feliz Listing Agents say not knowing your past credit history and your credit score or how to improve your credit score is a pretty BIG mistake homebuyers could make. We highly suggest that you speak with a local mortgage broker about how your credit score determines your mortgage rate.
2. Get a Pre-Approval
A pre-approval should be the first thing on your list as a homebuyer. Not only will a pre-approval show home sellers that you are a serious buyer, but you will know how much house you can actually afford.
3. Hire A Los Feliz Buyer’s Real Estate Agent
A Los Feliz Buyer’s Agent represents you, the buyer, NOT the seller. This is in your best interest as a homebuyer because we are working mainly for you, so there won’t be a conflict of interest.
4. Shop Around for A Good Mortgage Broker
Not all mortgages are created evenly, or mortgage brokers for that matter! Even a difference of a quarter percent can cost you thousands more over the life of the loan.
5. Get A Professional Home Inspection
One of the most common mistakes homebuyers make is foregoing the home inspection – which is a part of the physical contingency period. You need the inspection to uncover hidden defects that a professional is trained to look for.
Our Los Feliz Sellers Agents advice that you never advise my clients to waive this contingency unless they’re planning to teardown the structure and build from the ground up or are doing a seriously deep rehab. Our Los Feliz Sellers Agents work with two of the best Los Angeles General Inspectors and I’m happy to refer them to you.